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In Communist Cuba, the Tax Man Cometh
Posted on 11/28/2012 8:01:41 AM PST by Red Badger
Edited on 11/28/2012 8:03:35 AM PST by Admin Moderator.
Most Cubans have not paid taxes for half a century, but that will change under a new code starting January 1.
The landmark regulations will change the relations of Cubans with their government and are a signal that market-oriented reforms, launched since President Raul Castro succeeded his brother, Fidel Castro, in 2008, are here to stay.
(Excerpt) Read more at cnbc.com ...
TOPICS: Business/Economy; Cuba; Culture/Society; Government
KEYWORDS: capitalism; communism; cuba; taxreform
"The government's free market reforms introduced over the last two years, are designed to encourage small businesses, private farming and individual initiative, along with plans to pay state workers more.
To: Red Badger
You can’t pay taxes when government owns all the means of production, and all property.
So this is a significant, but slight, shift.
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